Currrently in 3rd Wave yet to complete.. In Next 1-2 years
Gold price at trend line support with clear RSI divergence. Good for medium-long term investors.
Gold positional view - Close below B point in day TF in green chart then valid Long range - 45033-44600 SL - 44108
#Gold is showing same pattern as observed in 2005 ready for breakout for the target of $4000-4500-5000 in 4-6Year . It's a good time to invest in gold . Gold is expected to form its base above $1730 in july 2021 as its has also formed base in july 2005 so same is expected to happen this time also according to pattern on the chart . Gold should not give monthly or...
CNX Metal is so bullish in the recent days and it is in the channel pattern in an hourly time frame, so Lets wait for its either breakout or Breakdown to take trades in the metal stocks 🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
#GOLD Trendline of life for gold Price action followed in 2005 mirror image Coincedently in 2005 too Gold made bottom in month of JULY you can check Bigger Question is what to do Keep an eye on $1730 Nothing else 2 weekly + monthly close below bloodbath of life in gold can happen till then 1 can buy with same stoplosss
Midterm forecast: While the price is above the support of 1744.50, a resumption of an uptrend is expected. We make sure when the resistance at 1916.50 breaks. If the support at 1744.50 is broken, the short-term forecast -resumption of uptrend- will be invalid. We will close our open trades if the Midterm level 1744.50 is broken. Technical analysis: A peak is...
Natural gas is out from the supply zone. If it doesn't come down to the supply area, a solid uptrend is waiting ahead. We may see crude oil prices at 280 - 300 - 320+ in the upcoming months.
US Oil is facing resistance on a long Trend Line. Oil will reverse from this point which tells us a lot about the industry in general. How the world is shifting towards electrification and adapting to the new electric revolution in the auto sector which is the major consumer of oil. Dependence on Oil will decrease from here on. There are no new consumers rising...
Key Levels: 46720, 46250. The corrective nature of the latest rebound suggests the Gold decline will continue. A break of hurdle will raise the possibility of the impulsive decline from near 46720 . A strong selling signal will come after a breakout of 46250 levels. So, intraday (day) traders can start selling between hurdle and breakout levels for the target...
I think silver future may see some upward move in coming days because silver take support from previous breakout.
As NFP news early this moth made a rally or impulse to the downside in OANDA:XAUUSD , now we enter in a corrective phase to fill the vast ineficiency created by this news. As we enter this corrective phase, perfect buy zones are 1760 - 1750, and in particular 1756.5. I suspect that the corrective phase will last 25 - 35 days. Is perfect moment to activate EAs...
Crude Formed Round bottom. looking good above 5515, for target up to 5650 - 5675
As I said last weeks since March 21..after 4 months in which all my analyzes about GOLD were almost perfect, even though I had many objections and many messages of disapproval ... as I said GOLD went down even below the 1774 area and now it is at the Fibonacci level 0.5 from where I expect it to reject and rise again towards 1836 and from there DOWN AGAIN to...
Buy Natural Gas Closing Price - 238.9 Buy 1 Lot At Cmp Add Another Lot If Price Drop To 230-232 Strict SL - 219.7 (Day Closing Basis) Target 1 - 278-280